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More BGG "I RemainBullish" 9/30/17

I...remain bullish, in spite of what seems to be a never-ending Gerbil wheel we are on. I feel this way because of several reasons but I have one “bottom line” reason which concerns both the CBI and Iraq.1) The Central Bank continues to keep this financial boat trim with auctions and such but it comes at a cost. This cost is reducing their reserves.A) Each day as Iraq spends to rebuild and spends to cover debt it gets worse.B) I feel there is drop dead “time-frame” for this country. It might be weeks or months. There is no way to know. Further, there is a point at which they will face daily – the choice of bankruptcy or getting off the program rate.C) Trying to make their play dough work is sapping reserves.As such, I remain bullish...